As we might all know, the results of the Brexit Referendum is devastating for some people. There are worries that free movement of people and trade will be limited when United Kingdom is out of the EU. But we can never predict what will happen to the future.

However, what we can ask ourselves is: ‘What Will Happen With The Designer Bag Prices After Brexit?’. Here’s what we can conclude:

You see, when you’re an UK citizen, you cannot apply for tax-refund, that’s because the UK is part of the European Union. But what will happen after the UK leaves the EU? Does it mean that UK citizen can purchase Designer bags like Chanel and Hermes in Paris, and can apply for tax-refund? Probably, but we do not know what the regulation will be after Brexit. We will keep you informed at our site.

When you’re a tourist, there is an obstacle if you want to apply for tax-refund. Today the rule is that you can apply for tax-refund at your last stop within the EU. For example, if you travel from Rome, Paris to London, then your last stop is London. And so if you purchase a bag in Rome and another one in Paris, you can apply tax-refund for both bags in London, because London is your last stop.

But what will happen when the UK leaves the EU? That means that Paris is your last stop within the European Union and not the UK. That could mean that you need to apply tax-refund in Paris for all the goods you buy in the EU and not in the UK.

UK leaving the EU could be a bit complicated for tourist, but for a UK citizen that can enjoy the tax-refund, it might be a good thing.

Chanel Mini Classic Flap Bags For Spring Summer 2016

Gucci Lady Web Bag Collection

Over the past few years’ enormous trend for novelty accessories, bags have been made in the image of a lot of things: books, decks of playing cards, astrological symbols, leather jackets. Rarely do any of these bags also perform any of the functions of their aesthetic inspirations; after all, bags have a pretty specific functional purpose already, and their interior hollowness presents another significant barrier. Neither of those issues got in Dolce & Gabbana’s way, though, and soon you can buy a bag that’s also a boombox, should that be a thing that’s useful to you.

For whatever this bag will surely cost when it’s eventually available, it really should connect to your phone via Bluetooth (lots of cheap portable speakers do that!), but instead, you can hook your iPhone up via aux cord and this purse will actually play whatever you choose. On the bright side, that means you don’t have to get your phone and the bag to pair, which I am never very good at.

We’re serious about our bags, and for the past few years, the bags we’ve seen fashionable New Yorkers carrying have been serious, too: Black, neutral and totally minimalist. Yawn.

While structured basics aren’t going anywhere, 2016 is all about whimsical details and pops of color. Here are the five handbags you’ll see everyone carrying--bring on the tassels.

THE CHRONICLES OF HER

THE CHAIN-LINK SHOULDER BAG

This Gucci beauty is all over Manhattan this year, but thankfully, you don’t have to cash out your 401K to rock this style. Keep an eye out for structured, boxy shapes (slouchy bags need not apply) and simple embellishments.

Get the look: Aldo ($55); Tory Burch ($475); Gucci ($1,650)

LOVELYPEPA

THE MICRO BAG

OK, this teeny-tiny purse isn’t going to fit your Kindle, your laptop, your makeup bag and all of the other stuff you lug around on the regular, but we guarantee it’ll be the most fun bag in your collection--especially if you get it in a color like lavender or pink.

Get the look: H&M ($20); Zara ($70); Fendi ($1,550)

WITH LOVE FROM KAT

THE TOP-HANDLE LADY BAG

While this bag didn’t technically ever go out of style, this '70s throwback will be super popular this year. Stay neutral, sling it over your forearm (never the shoulder; that’s a fashion no-no) and you can’t go wrong.

THE STRUCTURED BACKPACK

These guys have been around a few years, but they’ve finally gone mainstream (yesss). You’ll have your pick of sophisticated backpacks, and by “backpack” we are not referring to that monogrammed L.L. Bean monstrosity you wore in high school.

ANYTHING WITH TASSELS

Tassels are all over the place this season (including your new favorite Loeffler Randall slides), but it’s easy to go overboard on this fun trend. Stick with a neutral base color so you can use it as a wardrobe staple.

Luxury brands have been selling us frivolous knick-knacks for a while now at exorbitant prices (we’re looking at you Hermès) but Fendi’s latest might just take the cake. Reportedly the brand will launch a collection of individually sold bag straps in November with each one priced at a whopping $1,000. For the sake of comparison, you should probably note that Gucci’s Interlocking Shoulder bag is priced at about $2,100 and that is a strap with an actual bag attached.

Titled Strap You, the collection will feature nine different strap styles ranging from classic leather to exotic skins and studded variants. The straps will be two toned and customers can choose whether they prefer gold or silver hardware. You can have the strap monogrammed too.

As ludicrous as the prospect is to some of us, we’re sure that there are few Fendi fans out there who are anxiously anticipating this new accessory collection (isn’t buying a designer strap for yourhandbag a bit like accessorizing your accessories?). For us, this begs the question: Have we been paying $1,000 for handbag straps all this time? Next time can we get a discount if we forego the shoulder strap?